Sentences with phrase «public pension funds»

Such concerns could be exhibited, in particular, by public pension funds, which have historically been among the largest investors in alternative assets.

The fight to get public pension fund officials to pull out of investments in oil, gas, and coal companies hit a new level of intensity last week.

At the end of last year, equities made up nearly 54 % of public pension fund portfolios.

For one thing, public pension funds face the possibility of important accounting changes.

Unless they come from certain public pension funds, pension payments generally are taxable at the time that they're issued.

I have a defined benefit pension with a big public pension fund.

PRESS RELEASE — January 24, 2017 — In the latest demonstration of institutional asset owners» commitment to climate action, New York State Common Retirement Fund (CRF), the third largest public pension fund in the US with $ 184.5 billion in assets, has joined the Portfolio Decarbonization Coalition (PDC).

The authors review the eight largest public pension funds in Canada.

Capital was sourced from a range of investors including public pension funds, endowments, foundations, and corporate pension plans.

«The Fund has gained significant value and led the nation as one of the best managed public pension funds.

Fifteen investment companies have agreed to a new code of conduct in dealing with public pension funds.

Big - name public pension funds from California to New York City have said they are bailing out completely.

Fink recently met with the head of one of the largest U.S. public pension funds.

A five - year ban prohibiting the old law firm of one - time GOP gubernatorial candidate and former Assembly Minority Leader John Faso from appearing before public pension funds in New York is set to expire Monday.

The stock market collapse of 2008 decimated public pension fund investments, and municipalities are now being asked for greater contributions to make up for the losses.

But a contrary example is in Texas, where a major public pension fund so far has avoided joining the trend of reducing investment projections.

Much of Neiman Marcus's debt load stems from its $ 6 billion leveraged buyout in 2013, when Ares and Canadian public pension fund CPPIB acquired it from other private equity firms.

According to the Center for Retirement Research at Boston Collage, US public pension funds at the state and local level are also underfunded by an average of 67.9 %.

«My first job as state comptroller is to protect the one million members, and the rest of New York State taxpayers, from the irresponsibility that has left New Jersey, Illinois, California and dozens of other public pension funds across the nation dangerously under - funded, DiNapoli said.

New York City announced it filed a multibillion dollar lawsuit against five top oil companies, citing their «contributions to global warming,» as it said it would divest fossil fuel investments from its $ 189 billion public pension funds over the next five years.

Yesterday marked the end of a second straight sub-par fiscal year for most of the nation's state and local public pension funds, including all five New York City funds and the New York State Teachers» Retirement System (NYSTRS).

In a settlement deal, he admitted to acting as an unlicensed placement agent, agreed to the AG's Public Pension Fund Reform Code of Conduct and returned $ 52,000 he received in fees plus a $ 26,000 fine.

In response, DiNapoli said the retirement system is already a leader among public pension funds in seeking to push a low carbon economy and getting corporations to address climate change issues, such as through shareholder resolutions aimed at companies like ExxonMobil.

Head of France's top public pension fund says engagement on climate change within companies can deliver results

AUSTIN, Texas — Campus Advantage, a leader in student housing, today announced the acquisition of Eagles Reserve in Auburn, Ala., as the 10th and final acquisition of a joint venture with a major state public pension fund.

billions of public pensions fund dollars in the oil, gas and coal companies that are causing storms like Sandy, Maria and Irma.

The third - largest public pension fund invests with Bridgewater Associates, D.E. Shaw, GoldenTree Asset Management, Paulson & Co., Trian Fund Management and ValueAct Capital.

Unfortunately, the Department of Financial Services seems more interested in playing political games, so remains unaware of actions taken by what is one of the best managed and best funded public pension funds in the country.

The average university endowment has had a poorer record — over one year, three years, five years, and 10 years — than the average public pension fund, according to the Wilshire Trust Universe Comparison Service.

«There's a continuous, ongoing review of, among other factors, the [return] rate by all or most public pension funds, so there's a continuous, multiyear trend toward lower rates.»

A colleague of mine who works at a pension fund did a study last year in which he concluded that, because of the extreme degree of public pension underfunding, a 10 % decline in the stock market for a sustained period — i.e. more than 3 or 4 months — would cause every single public pension fund to blow up.

On Aug. 16, three U.S. public pension funds sued six major investment banks alleging collusion in the provision of stock lending services.

Six of Seven Largest Public Pension Funds Using Glass Lewis Proxy Services SAN FRANCISCO, CA (Oct. 31, 2005)-- Glass, Lewis & Co., the leading independent investment research and global proxy advisory firm, announced today -LSB-...]

Without cutting benefits drastically or, in the case of public pension funds raising taxes steeply to cover pension beneficiary outflows, some public pensions will hit the wall within 12 - 24 months.

Connecticut State Treasurer Denise Nappier said the state is open to selling public pension funds» positions in firearm manufacturers if the companies don't take measures to curb gun use by dangerous people.

A bill expanding the share of New York public pension funds that can be invested in complex, high - risk alternative assets such as private equity and hedge funds has been vetoed by Governor Andrew Cuomo.

He says the nation's third - largest public pension fund earned an estimated 11.3 percent return on investments.

Because public pension funds typically invest roughly 70 percent of their assets in equities, and more than half in corporate stocks, their annual returns are strongly correlated with the stock markets — as shown, for example, in the following chart tracking the S&P 500 and NYSTRS returns since 2007.

In doing so, they are heeding Boris Johnson's calls for a «citizen's wealth fund»: last October, London's mayor proposed pooling some of the UK's 39,000 public pension funds into a single investment fund large enough to reduce the country's dependence on foreign investment and close its infrastructure financing deficit.

The growing British interest in a citizen's income scheme coincides with an announcement last month that two major UK public pension funds — the Greater Manchester Pension Fund (GMPF) and London Pensions Fund Authority (LPFA)-- will form a joint infrastructure investment venture worth $ 500 million.

At the time of his conduct, Aldus was a leading outside advisor to numerous public pension funds including the state and NYC funds.

New York's biggest public pension fund posted a quarterly return of less than one percent, state Comptroller Tom DiNapoli's office announced.